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The move makes JPMorgan, the largest U.S. bank by assets, the most high-profile corporation known to have distanced itself from Purdue and its wealthy owners, the Sackler family, amid thousands of lawsuits alleging the company pushed addictive painkillers while downplaying their abuse and over...

"Since launching 11 days ago, we are very encouraged by increases in both check and traffic, as this new product platform is bringing in many new or lapsed users and appealing to regular Del Taco guests, who are all eager to sample our Beyond Taco offerings," CEO John Cappasola told investors...

The U.S. administration is considering limits to Chinese video surveillance firm Hikvision’s ability to buy U.S. technology, the New York Times reported on Tuesday, in a move that deepens worries about trade frictions between the world’s two top economies.

Energy storage is increasingly finding its place in the sun. As a technology, it simply offers too many advantages and meets too many needs to be overlooked: it can ramp faster than a gas plant, it can stabilize voltage and frequency, and it can carry electrons from solar generation to deliver...

Propelled by new technologies, new businessmen have been landing in Los Angeles since the invention of the nickelodeon to create a studio that would dominate popular entertainment. Over the past five years, virtual reality was the latest new thing to make or break fortunes, and the founding te...

Contracts are like the engines of businesses, driving growth and containing mission- and business-critical obligations and opportunities for organizations. But still, firms continue to struggle to do something that sounds so simple: connecting contracts to business value. Just take a look at t...

Impossible said it has increased the headcount and hours of operation at its Oakland, California, plant, and will install a second production line in July that will double its capacity. The company expects the second line to be fully staffed and ramped up in the fall.

“For more than 50 years, Dressbarn has served women’s fashion needs, and we thank all of our dedicated associates for their commitment to Dressbarn and our valued customers,” the retailer’s Chief Financial Officer Steven Taylor said in a statement. “This decision was difficult, but necessary, ...

In the decades following, American trains — carrying both freight and passengers — would flourish. Railroads shuttled passengers between thriving urban centers, and streetcars criss-crossed towns around the country. By 1916, 98% of all intercity travel took place on rail, according to US Censu...

Charles Brain helps hand harvest grapes in a Shiraz vineyard in the Swartland wine region of South Africa. Lubanzi Wines, which was started by Brain and his partner, Walker Brown, earned its B Corp certification this year.
Christopher Grava/Courtesy of Lu...

According to Reuters, Alphabet Inc, the parent company of Google, has suspended business with Huawei that requires the transfer of hardware and software products except those covered by open source licenses.

Huawei Technologies Co Ltd will lose access to updates to the Android operatin...

Russian entrepreneur Pavel Durov joined mounting criticism against the Facebook-owned app after it was revealed that everything on a WhatsApp user's phone - from private photos and videos, to emails and texts - were accessible to hackers. In a blog post titled 'Why WhatsApp will never be secur...

Currently, there is a cottage industry worth billions that surrounds the management of tax equity partnerships in the solar power industry. Often, single projects with a size smaller than about 1-2 MWdc or a couple of million dollars get passed over by the tax equity crowd because of the “fixe...

There are a number of reasons why first time entrepreneurs are wary of competitors in their space. Competition typically tend to engage in price wars. While this is good for consumers, it affects your cash flow and profitability. If your competitors have deep pockets, they could afford to prov...

It is often noted that the global economy is living on borrowed time. With central banks armed with the capacity to print and distribute new flows of capital at will, the debt crisis is growing at an exponential pace. In the U.S. alone, it is estimated that the world’s largest economic powerho...

One night during the pre-production phase on A Clockwork Orange, Malcolm McDowell asked Stanley Kubrick why he was eating ice cream at the same time as his main course steak. "What's the difference?" said Kubrick. "It's all food. This is how Napoleon used to eat."

In recent years, we’ve witnessed the incredible possibility of cryptocurrencies. Digital tokens like Bitcoin and Ether rose from obscurity and became household names, and, although markets are now more tempered, there is little doubt that cryptocurrencies will play a role in the future of mone...

He bought his first stock when he was 11 years old, and now, at age 88, his savvy investments have made him the third richest person in the world, with a net worth of $89.2 billion. Revered for his work ethic, having washed cars and sold newspapers, Buffett amassed $53,000 by the time he was 1...

The Director of payments and market infrastructures at the De Nederlandsche Bank, Petra Hielkema, said “We started with baby steps, understanding the Bitcoin software and mining in a centralised versus decentralized way. Then we built prototypes and tested whether DLT networks could benefit pa...

Among those 20-plus acquisitions is Apple's December purchase of Platoon, a startup that works directly with musicians to produce and distribute their work. In March, Apple reportedly acquired an application-programming-interface-development startup called Stamplay.

TOKYO -- Investment by Japanese companies in domestic startups has swelled by more than eight times over the past five years, topping the amount raised through initial public offerings in fiscal 2018, as big businesses scramble to tap fresh sources of innovation.

The move means Occidental shareholders who oppose the bid, including T Rowe Price, will not get an opportunity to vote it down. It adds more certainty to the offer for Anadarko, but also risks the ire of billionaire investor Carl Icahn, who sources have said has been amassing a stake in Occide...

China is considering canceling trade talks with the United States this week after U.S. President Donald Trump vowed to hike tariffs on China, the Wall street Journal reported on Sunday citing a source.

Earlier on Sunday, Trump announced he would hike U.S. tariffs on $200 billion worth ...

A report issued earlier this month by Vice News’ Motherboard has uncovered several Microsoft Outlook emails were hacked or otherwise compromised. The true nature of the attack is now starting to be understood, as numerous victims are claiming that due to the hack they lost some or all of their...